location_city NB vs location_city ON

Moncton vs Toronto Cost of Living (2026)

Toronto is about 107% more expensive than Moncton, mostly because of rent. A 1-bedroom rents for $2,600 a month in Toronto vs $1,150 in Moncton.

The Verdict

Living in Toronto is 107% more expensive than living in Moncton overall.

Moncton / month

$1,615

Toronto / month

$3,206

Rent, groceries and transit for one person.

Your salary in Moncton $

Salary in Moncton

$100,000

Take-home $71,215 · $5,935/mo

Needed in Toronto

$207,383

Take-home $134,948 · $11,246/mo

To keep the same lifestyle in Toronto you'd need $107,383 more a year (+107%).

Take-home is after 2026 federal and provincial income tax, CPP/QPP and EI for an employee. Cost of living weighs rent, groceries and transit.

real_estate_agent

1-Bed City Center

Moncton

$1,150

126% more expensive

Toronto

$2,600

shopping_cart

Monthly Basket (1 Person)

Moncton

$390

15% more expensive

Toronto

$450

directions_transit

Monthly Transit Pass

Moncton

$75

108% more expensive

Toronto

$156

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